When any correspondence is received regarding the repayment of a debt, the first problem that needs to be addressed is:- Has the letter been received from your original creditor? This means exactly that, is the letter from the original company that any loan, credit card, account was taken out with.…

First Rule: NEVER talk to them on the phone as they will say anything to secure payment. Keep EVERYTHING in writing as this will supply an excellent paper trail should the need arise. Second Rule: Admit NOTHING. Now bear in mind that DCA’s are simply commission based “agents” and are…

LETTER # 1 Ask Your Creditors to Hold Action on Your Account Dear Sir/Madam Re:- Account Number: xxxxxxxxxxxx We wish to inform you of a recent change to our circumstances. We are seeking urgent advice and assistance regarding our current financial difficulties. To this end, we would very much appreciate…

Bank of Scotland v Mitchell case in the Leeds County Court. Derek R Halbert Designated Civil Judge, Cheshire. 12th March 2009. Mitchell Vs Bank of Scotland (June 2009) Below is the transcript of the recent Bank of Scotland v Mitchell case in the Leeds County Court. IN THE LEEDS COUNTY…

UNENFORCEABLE CREDIT AGREEMENTS MAY 2009 A letter from Designated Civil Judge Derek Halbert to all Cheshire Consumer Credit Act Claimants and Claims Management Companies and Solicitors dealing with has been posted on the forum Read Here . It states they have sought the agreement of Lord Justice Moore-Bick and Justice…

RECLAIM Payment Protection Insurance PPI APRIL 2009 Before reclaiming or cancelling PPI you should have a look at the following notes and see what type of PPI you actually have. Always consider all the facts and figures before starting a claim. Whatever you do Do Not Just Jump In without…

RECLAIM UNFAIR CREDIT CARD CHARGES APRIL 2009 This is a simple guide to reclaiming unfair penalty charges from your credit card provider. Credit card providers charge you a fee if you go over your limit or make a late payment. These fees have been limited to £12 since April 2006,…

HOWARD RUTHERFORD v HSBC BANK PLC (2009) [2009] EWHC 733 (QB) QBD (Blair J) 6/4/2009 CIVIL PROCEDURE – BANKING AND FINANCE BANK CHARGES : DISCRETION : HARDSHIP : STAY OF PROCEEDINGS : STAY OF CLAIM TO RECOVER BANK CHARGES : LIFTING STAY : CONSIDERATION OF PARTICULAR FACTS OF CASE AND…

If you’re one of those disgruntled bank customers who has submitted a claim to claw back your unlawful charges, you might like to know that you’re in a pretty substantial queue. A queue that, to be more precise, is one million folks long. Consumer group Legal Beagles have obtained figures…

DEBT WORRIES February 2009 Stuff happens. Hopefully not to you, but when it does, the following steps may help you through most financial crisis; Accept the problem. It has happened, and you can’t change it. Blaming others or yourself will not bring you any closer to a solution. Looking back…